I Can’t Sell My House In Tampa Florida… Help!

If you’ve found yourself saying, “I can’t sell my house in Tampa Florida,” this article is for you. Maybe you’ve been trying to sell your Tampa house for a while now and haven’t received any offers, don’t panic! You still have a few options at your disposal to help you sell your house for a fair price.

You’ve probably already tried the first one at least once: Lowering the asking price.

Everybody wants to sell their house for more than they paid for it but if housing prices in your area are low, the economy’s not doing well, or your home has some sort of structural or locational problem, you may have to reduce your asking price.

What are my options if I can’t sell my house in Tampa?

Here are five other things you can try when you can’t sell your house in Tampa:

1) Take It Off the Market

You may be trying to sell your home at a bad time, such was when there are a lot of other houses just like yours on the market, during the winter months, or during the holidays.

If this is the case, you might be best served by taking your home off the market for a few months – if you can afford to keep paying the mortgage – and wait until market conditions improve.

2) Take Out a Second Mortgage

If you have built a lot of equity in your home, you may want to take out a home equity loan — if you can afford to pay the higher monthly payment, that is. If not, you may be able to renegotiate a loan modification plan with your lender or convert your adjustable rate mortgage into a fixed-rate mortgage that has a lower interest rate. The loan can be used to fund other things, including real estate investments.

3) Rent Out Your Home

If you can’t sell your home and don’t want to hold two mortgages (your old home and your new home) one option may be to rent out your home at or near the price of your monthly mortgage payment. That allows you to apply the rent to your mortgage without having to incur any additional expense – other than upkeep, maintenance and repairs.

4) Consider a Short Sale

“I can’t sell my house in Tampa because I owe too much!” This can happen if you purchased your home within the past few years and currently owe more than the home is worth (called being upside down).

In some instances, you can negotiate with your lender to accept less than what you owe on your mortgage. If it looks like the other option is foreclosure, your lender probably will accept a short sale.

To do this, you’ll need to have a buyer on board who can close quickly. Fortunately, we can! Give us a call today at 727-800-3614 for a no-hassle offer on your house.

Keep in mind, however, that short sales can affect your credit. Redeeming a pre-foreclosure on your credit history might disqualify you from getting another mortgage, at least for a little while.

5) Offer a “Lease to Own” Option

A lease to own option is when you rent your house to somebody with the option to purchase your home at or before the lease expires. This is a good option if you can’t find qualified buyers because you can collect rent plus a lease option fee from a tenant while giving them time to save up for a down payment and establish their credit so they can get a mortgage to buy your home down the line.

You also can add a lease premium to their monthly rent that can either be applied to the down payment later or – if they don’t end up exercising their option to buy your home – you can keep it as income.

I Can’t Sell My House in Tampa Florida!

If you are interested in learning more your options for selling your home in Tampa Florida, call us at 727-800-3614 or fill out the form on this page to get more information sent to you right away.

Testimonials

Rochell Property Solutions

“ Matthew and Callie know this but, I’m a musician and songwriter, needless to say I’m gone much of the time working on projects. I inherited a home, a small but nice home and realistically did not want to deal with trying to make income on it and certainly did not want to go live there. Anyway, I decided to try to sell it, I had no success and was upset that such a large dollar amount of a sale would go to the real estate company. After my contract was up, I found Matthew online and just thought I would give it a shot. Bingo, the best move I could have ever made. I deal with all sorts of people in my life and I can tell you these are two of the most enjoyable and likeable that I have been around. What a team. I joked and told them I would write them a jingle when they started prime time commercials. Not kidding, I’ve never been happier in a single transaction in my life. Fast, acceptable, profitable”

T. Junepriso Nashville Tenn.

Rochell Property Solutions

“The end result was wonderful.”

“ We were looking at a short sale. If you know what that is, it typically solves a Real Estate problem but leaves you in a very bad credit situation. I found Matt and Callie online. I called them after talking to but not securing two Real Estate companies. These people were talking months with no guarantee. I was so relieved after meeting them to see how genuine and professional they are. If I could say one thing about them it would be that the do exactly what they say and do it when they say they will. The act quickly and are always available. I knew everything that was happening each step of the way. The end result was wonderful. I had a check on the 10th day. I cannot say enough about this awesome team”

R. Jackson Lakeland Fla.

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We are a real estate solutions and investment firm that specializes in helping homeowners get rid of burdensome houses fast. We are investors and problem solvers who can buy your house fast with a fair all cash offer.